Greetings!
We have been provided the above update for application to campus PPS instances. This release updates the PPS System Parameter Table with the 401(a)(17) Annual Compensation Limits for the Fiscal year beginning July 1, 2013.
The updates are:
FYTD Retirement Maximums (023 and 067) :
23 FYTD RETIREMENT MAX 3800.0000
67 FYTD RETIREMENT MAX 2550.0000
The timing of this release is Date Mandated.
The transactions must be applied to the control tables prior to the first compute for July 2013 earnings and after
June 2013 payroll processing. As such we are targeting the same 7/3/13 date for installation.
Thanks!